Zip 62983 (Royalton, IL) Housing

The housing in 62983 Royalton, IL is currently valued at an median of $67,900 which is significantly lower than the US house median value of $338,100. However, the appreciation rate for homes in Royalton has been steady with a 1 year appreciation rate of 8.05%, only slightly less than the national average appreciation rate of 8.27%. This makes this area a great place to invest in real estate as it promises steady gains while being more affordable than other places across the US.

The median home cost in Royalton (zip 62983) is $67,900. Home appreciation the last 10 years has been 35.3%. Home Appreciation in Royalton (zip 62983) is up 14.3%.

Average Age of Homes

- The median age of Royalton (zip 62983) real estate is 53 years old

The Rental Market in Royalton (zip 62983)

- Renters make up 21.2% of the Royalton (zip 62983) population
- 0.0% of houses and apartments in Royalton (zip 62983), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Royalton, Illinois	United States
	817.0	139,647,020.0
	64	42
	$67,900	$338,100
	14.3%	16.6%
	35.0%	57.0%
	35.3%	101.1%
	$15.76	$10.98
	$647	$2,690
	72.3%	57.4%
	11.5%	11.2%
	16.2%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	1.2%	0.7%
	0.0%	0.4%
	0.5%	3.6%
	9.8%	4.1%
Value of Owner-Occupied Housing
	13.7%	2.6%
	17.8%	2.4%
	13.4%	2.8%
	15.1%	3.9%
	8.1%	4.5%
	8.0%	11.3%
	16.2%	13.0%
	6.8%	20.1%
	1.0%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.6%	13.6%
	6.6%	13.6%
	16.2%	13.6%
	7.8%	13.2%
	11.8%	14.8%
	16.2%	13.6%
	6.9%	10.0%
	8.8%	4.7%
	36.1%	12.2%

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